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Worcester 01534
517 Benson Rd
$435,000
● House - Off Market

517 Benson Rd

Northbridge, MA 01534
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,508 Ft²
$403,122
RealtyHop Estimate
3.39%
Since Sep 1, 2022
National-US
Primary Model

About This Property

Here's that Ranch style home with over an acre and a half of land that offers the privacy you've been looking for!!  Perfect for the first time buyer or empty nester~~Three bedrooms including primary bedroom with private bath~ Large living room with beautiful bay window and brick fire place~~dining area with slider to the back yard for easy outdoor entertainment~~Spacious cabinet packed eat in kitchen~~ Central AC~~ 200amp electrical~~ Basement offers plenty of flex space and has a working half bath!! Double your living area or use part of it as your garage/workshop. Great location with easy highway access!!   Come see for yourself!!
Unit Size
1,508 Ft²
Days on Market
-
Land Size
1.65 acres
Price per sqft
$259
Property Type
House
Property Taxes
$397
HOA Dues
-
Year Built
1992

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 4 months ago (MLSPIN #73016465)

Price History

Date / Event Date Event Price
Aug 24, 2022 Sold
Premium
Sold
Jul 23, 2022 Listed by RE/MAX Vision $389,900
Listed by RE/MAX Vision
Jul 1, 1992 Sold
Premium
Sold

Property Highlights

Parking Available
Air Conditioning
Fireplace
Garage

Building Info

Overview

    General

  • Year Built: 1992
  • Effective Year Built: 1992
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 11
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 71,799
  • Total Building Area: 1,508
  • Gross Building Area: 3,016
  • Building Area: 1,508
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,508
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001648
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Northbridge School District
  • Census Tract: 750200

Geography

  • Parcel: NBRI M:00021 B:00018
  • Block: 18
  • Municipality: NORTHBRIDGE
  • Latitude: 42.1349
  • Longitude: -71.6559

    Address

  • Full Address: 517 Benson Rd
  • Address - House Number: 517
  • Address - Street Name: Benson
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Northbridge
  • Carrier Code: R001
  • 4-Digit Zip Code: 1158
  • Zip Code: 01534

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $521,100

    Appraisal Valuation

  • Standard Deviation: 0.1886
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 75
  • Final Value: 504,731
  • High Value: 599,947
  • Low Value: 409,515

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $402,100
  • Assessed Land Value: $161,300
  • Assessed Improvements Value: $240,800

    Sales

  • Current Sale Contract Date: Aug 19, 2022
  • Current Sale Recording Date: Aug 24, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 93435
  • Previous Sale Recording Date: Jul 01, 1992
  • Previous Sale Amount: $40,000
  • Previous Sale Document Type: 27
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Worcester

Stats & Trends

Median Asking:

$499,900

Sale Price/ft²

$281

Below Asking

0.02%

Average Days on Market

57

Average Home Size

2423 ft²

Average Home Age

63.4 years

Currently For Sale

1927 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Rentals Near You

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 73016465

Frequently Asked Questions

When was property at 517 Benson Road built and last sold?
The property at 517 Benson Road was built in 1992 and last sold on Aug 19, 2022 for $425,000.
How much is this home worth?
The estimated value of the home located at 517 Benson Road is $399,190.
What are some comparable homes to 517 Benson Road?
There are currently no comparable homes to 517 Benson Road.
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